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OYO Las Vegas cuts refundable deposit to $100

It took over the 650-room property in December 2024

OYO Hotel Las Vegas Cut Refundable Deposit from $300 to $100

OYO US Inc.’s OYO Hotel & Casino Las Vegas recently cut its refundable guest deposit from $300 to $100.

Photo credit: OYO

Summary:

  • OYO Hotel & Casino Las Vegas cut its refundable deposit to $100.
  • The company took over management of the 650-room property in December 2024.
  • It aims to keep the property accessible while maintaining value.

OYO US INC.’S OYO Hotel & Casino Las Vegas recently cut its refundable guest deposit from $300 to $100. The company assumed asset management of the 650-room property near the Las Vegas Strip in December 2024.

The deposit policy update is part of OYO Las Vegas’ modernization to keep the property accessible while maintaining value, OYO said in a statement.


“At OYO Las Vegas, we continue to listen to our guests and evolve based on their needs. Reducing the deposit amount helps make check-in simpler and more affordable,” said Rohit Goel of the OYO Las Vegas corporate team. “This change, combined with our ongoing upgrades to infrastructure and amenities, is a step toward delivering a consistent, guest-friendly experience.”

The company has offered $1 blackjack and continues to invest so guests can enjoy gaming without high costs, the statement said. It also recently upgraded its elevator systems and central air conditioning, with guest room refurbishments planned in the coming months. The hotel features outdoor pools, a 24-hour fitness center and a full-service casino with slot machines, table games and a William Hill Sports Book.

OYO parent PRISM named Ankit Tandon chief operating officer and CEO of its European operations. He will oversee the Europe, UK and U.S. markets, including G6 Hospitality, parent of Motel 6 and Studio 6.

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Summary:

  • Pipeline steady at 6,205 projects and 728,416 rooms.
  • Extended-stay hotels represent 40 percent of projects.
  • Brand conversions hit a record 1,477 projects.

THE U.S. HOTEL construction pipeline held steady year-over-year in the third quarter, according to Lodging Econometrics. It comprises 6,205 projects with 728,416 rooms—unchanged in project count and up 1 percent in rooms from last year.

LE’s “Q3 2025 U.S. Hotel Construction Pipeline Trend Report” found that extended-stay hotels remain a key driver of development, representing 40 percent of projects and 34 percent of rooms.

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